HuskyTrader9

XLM formed huge pennant pattern - ready for new movement up?

Alış
COINBASE:XLMUSD   Stellar
Hello traders

Today we have XLMUSDT. On 4H chart we see that pennant pattern formed (pennant is symetrical triangle on the pole). Pennants are easy to predict, because breakout is usually in direction of pole. So here, price should go up again. BTC.D bounced at 62,6 to 64,4 and also BTC pumped. It will be important next hours and days what BTC will do. But if dominance manages to cointinue falling after this pullback, XLM may push up.

I will wait for breakout confirmation and then enter position. Watchout for breakouts carefully

TRADE WITH BRAIN, NOT GREED
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.